Legal Short-Term Rental Villa

36 Phoenetia Ave, Coral Gables, FL 33134

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For Sale

$2,650,000

Licensed 6-unit villa, the only legal STR in Coral Gables.

Type:Investment

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Contact an agent

Eric Periu

Real Estate License ID: 3071431

HighLights

Only legal short‑term rental (STR) in Coral Gables with conditional use permit.
Turnkey, fully licensed 6‑unit bed & breakfast operation.
Strong repeat clientele with 4+ years of operating history.
Prime, walkable location minutes from Miracle Mile.
Six suites with en suite baths, mini‑split AC, and kitchenettes.
Seller financing and incentives available.

For Sale

$2,650,000

Licensed 6-unit villa, the only legal STR in Coral Gables.

Type:Investment

Added:: Nov 28, 2025
Days on Market:: 221
Last Refresh:: Jul 3 at 2:53 am

Property Features for 36 Phoenetia Ave

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1926

We can help!

Contact an agent

Eric Periu

Listing office United Realty Group, Inc

Listing date Nov 28, 2025

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of United Realty Group, Inc

HighLights

Only legal short‑term rental (STR) in Coral Gables with conditional use permit.
Turnkey, fully licensed 6‑unit bed & breakfast operation.
Strong repeat clientele with 4+ years of operating history.
Prime, walkable location minutes from Miracle Mile.
Six suites with en suite baths, mini‑split AC, and kitchenettes.
Seller financing and incentives available.

Overview

Casa Coral presents a rare investment opportunity as the only legal short-term rental (STR) property in Coral Gables, holding a conditional use permit for Bed & Breakfast operations. This turnkey, fully licensed 6-unit Spanish-style villa is located minutes from Miracle Mile, restaurants, lounges, and shops. The two-story property comprises two separate structures and has been operating for over four years with a strong base of repeat clientele. The main house features three 1-bed/1-bath suites, while the guesthouse offers three open-plan suites, plus a laundry area equipped with a new washer and dryer. All units include en suite bathrooms, mini-split AC systems, and kitchenettes. The property provides generous outdoor space, offering the potential to create a lush guest oasis. It is situated in a prime, walkable neighborhood, blending historical charm with investment opportunity.

Property Profile Location Intelligence

Current Use by Public Records

Bed & breakfasts

Suggested Use

Similar Places Nearby

courtyard — 2501 s S Le Jeune Rd, Coral Gables, FL 33134
Greystar Properties — 2000 Salzedo St, Coral Gables, FL 33134
Golden Wings Concierge Llc — 3232 Coral Way, Coral Gables, FL 33145, United States
penelope lubar — 513 giralda ave, coral gables, fl 33134
AIC Hotel Group — 55 Miracle Mile, Miami, FL 33134

Location Insight

Map
Local Demand

City: Coral Gables
County: Miami-Dade
State: Florida
Longitude: -80.2564
Latitude: 25.7612

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For sale
Bed & breakfasts
FL
Coral Gables
33134
36 Phoenetia Ave

What type of property is this?

Bed & breakfast - Licensed 6-unit villa, the only legal STR in Coral Gables.

Where is this bed & breakfast located?

The property is located at 36 Phoenetia Ave Coral Gables, FL.

What is the asking price?

The asking price for this property is $2,650,000.

What are key features of this property?

This property features: Only legal short‑term rental (STR) in Coral Gables with conditional use permit.; Turnkey, fully licensed 6‑unit bed & breakfast operation.; Strong repeat clientele with 4+ years of operating history.